Crown PropTech Acquisitions (CPTK) to Combine with Brivo in $808M Deal

Crown PropTech (NYSE:CPTK) has entered into a definitive agreement to combine with smart building solutions provider Brivo at an enterprise value of $808 million, or 7.3x its 2022E revenue. Bethesda, Maryland-based Brivo provides cloud-connected property management software and hardware to commercial clients including developers and businesses. The combined company is expected to trade on the
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